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Inventory isn’t just stuff on a shelf—it’s cash waiting to become profit. In this episode of Zero Fluff Books, former IRS Agent Lauren Twitchell breaks down how to track inventory, separate supplies from materials, and calculate your true Cost of Goods Sold (COGS) without expensive software.
You’ll learn:
The real difference between supplies and inventory (and why the IRS cares).
Simple tracking systems using bins, labels, and spreadsheets.
How to calculate COGS to uncover your real profit margin.
When it’s time to upgrade from spreadsheets to tools like Craftybase or QuickBooks.
Whether you’re an Etsy seller, food vendor, or tradesperson—this episode will help you clean up your books, stop the leaks, and protect your profit.
🎧 Tune in, take notes, and bring order to your materials once and for all.
By Lauren TwitchellInventory isn’t just stuff on a shelf—it’s cash waiting to become profit. In this episode of Zero Fluff Books, former IRS Agent Lauren Twitchell breaks down how to track inventory, separate supplies from materials, and calculate your true Cost of Goods Sold (COGS) without expensive software.
You’ll learn:
The real difference between supplies and inventory (and why the IRS cares).
Simple tracking systems using bins, labels, and spreadsheets.
How to calculate COGS to uncover your real profit margin.
When it’s time to upgrade from spreadsheets to tools like Craftybase or QuickBooks.
Whether you’re an Etsy seller, food vendor, or tradesperson—this episode will help you clean up your books, stop the leaks, and protect your profit.
🎧 Tune in, take notes, and bring order to your materials once and for all.